Voltas bags Rs 1,000 cr order for 3 projects in West Asia

Tata group air conditioning and engineering services firm Voltas today said it has bagged three overseas project orders worth Rs 1,000 crore in the West Asia.

The first project is for a 120-bed integrated health centre and workers' hospital in Qatar. The second one is for a sports hall and administrative office in a 5,350-seat indoor stadium being built to host the World Cup Handball Competition scheduled for January 2015 in the country, the company said in a statement.

The third project is for a 5-Star hotel, the Kempinski Wave in Muscat.

Commenting on the development, Voltas International Operations Business Group EVP & COO Gavin Appleby said: "Voltas' three new orders are a very timely reaffirmation that we remain a trusted and preferred projects provider in West Asian markets."

Many West Asian countries may be preparing to commit substantial funds for new construction, especially in infrastructure, he added.

Voltas is among India's leading air-conditioning, refrigeration and engineering services companies. Set up in 1954, its core competencies lie in air conditioning and cooling appliances and services.